14 Apr, 2010

Arab Bank’s AB Asia Dynamic Fund has won the Thomson Reuters' Lipper award for the Gulf Region’s Best Fund over Three Years Equity. Lipper, a specialized agency for analyzing and rating investment funds has awarded Arab Bank for the third consecutive year for AB Asia Dynamic Fund’s performance in 2010.

Based on the Lipper’ ratings methodology, the AB Asia Dynamic Fund has achieved a historical total return performance relative to its peers and consistent risk-adjusted returns when compared to similar funds. The Fund also demonstrated a superior ability to preserve capital compared with other funds in the same category and was able to successfully manage and contain expenses at relatively low levels.

AB Asia Dynamic Fund is part of the large suite of investment funds set up by Arab Bank to meet the investment needs of its clientele as an integral part of Arab Bank's wealth management operation.

The AB Asia Dynamic Fund was established in 2001 and re-launched in 2006 with a new mandate that has enabled it to dynamically allocate its underlying investments and adapt rapidly to the changing trends in the Asian markets. Arab Bank renovated this fund to deliver superior returns to investors over a market cycle of around five years.